Angling Direct PLC 47.4% potential upside indicated by Canaccord Genuity

Angling Direct PLC with ticker (LON:ANG) now has a potential upside of 47.4% according to Canaccord Genuity.

ANG.L

Canaccord Genuity set a target price of 57 GBX for the company, which when compared to the Angling Direct PLC share price of 39 GBX at opening today (04/11/2024) indicates a potential upside of 47.4%. Trading has ranged between 32 (52 week low) and 45 (52 week high) with an average of 76,437 shares exchanging hands daily. The market capitalisation at the time of writing is £28,241,197.

Angling Direct PLC is a United Kingdom-based omni-channel specialist fishing tackle and equipment retailer. The principal activity of the Company is the sale of fishing tackle through its websites and stores. The Company provides customer service, expert advice and ensuring product lines, including a complete range of equipment. The Company has over 8.6 million visitors to its websites each year and completes approximately 29,000 transactions each week in its stores. The Company operates through three segments: Stores, The United Kingdome Online, and Europe Online. The Company’s products categories include bait and additives; bait accessories; bait boats; bait boxes; bait making equipment; barrows and trolleys; bed chairs accessories; bed chairs; bite alarms; bivvies and shelters; bivvy accessories; buckets and riddles; Catapults; chairs; clothing; cooking equipment; fish care; files, fly lines; fly storage, gift cards; indicators; lighting; luggage; nets; tools umbrellas, and others.